GovCon Quick Start Solutions

The Power of Project Profitability in Financial Planning & Analysis and Data Analytics

During turbulent times such as these, with the economic impact the COVID-19 pandemic is having the world, it is critical that companies can quickly reforecast, continually assess profitability, and identify cost efficiencies in a streamlined fashion that is not time consuming to the organization. This is especially true for government contractors due the volume of contracts and projects they have spread across the globe.

Over the last decade, SC&H has worked with many of the largest government contractors in the industry to do just that. We have developed a proven model to quickly reforecast and assess direct project profitability across business groups and organizational segments. However, we do not want to limit this capability to just the largest of government contractors — complex implementation costs and timelines should not be a barrier to entry.

In that light, SC&H has developed our very own “GovCon Quick Start Solution” packages, which are exclusive offerings for finance organization at small to mid-sized government contractors aimed at rapidly improving Financial Planning and Analytics capabilities.

Key Advantages of the
GovCon Quick Start Solutions

Timeliness

Quick win with a 4-week implementation timeline.

Scalability

Foundational solution that leverages Oracle’s industry-leading cloud-based solution.

Intelligence

Forward-looking and future-proof application design.

Dependability

Implemented by a team of Oracle Certified Professionals, all with CPA/MBA backgrounds and an understanding of EPM best practices, to ensure a properly-configured application.

Control

Results in 100 percent application ownership by the finance team.

Cost

Offers a lower-risk investment toward meaningful improvements.

Financial Planning Quick Start Solution

Our Financial Planning Quick Start Solution leverages the capability of best-in-class Oracle EPM Cloud and SC&H Group’s proven project profitability model. This package provides small to mid-sized government contractors with the ability to assess profitability in a simple, easy to use solution that can be deployed in 4 weeks. SC&H’s industry experience allows us to target a pre-defined project scope that will yield expedited and enhanced planning capabilities based on best-practices, centralize data collection and reporting, and eliminate reliance on spreadsheets.

Financial Planning Pre-Defined Project Scope

  • Direct project planning to assess project profitability
  • Pre-defined dimensionality including Project, Account, and Rate
  • 1-2 data entry forms for planning of direct labor by fringe tier and other direct costs
  • Calculation of indirect cost burdens on direct contracts
  • Planning for new business opportunities using generic members
  • One integration of project actuals from the general ledger
  • 2 Reports – P&L and a PSR

I’m Interested in this Quick Start Program

Entry Analytics Quick Start

SC&H has also created an Entry Analytics Quick Start solution, which is centered around the premise of empowering business analysts/stakeholders to take advantage of industry leading analytics platforms enable more nimble real-time decisions a possibility. Over a 4-week engagement, we will conduct strategy meetings to determine which BI/analytics platform is the best fit, if one is not already in place (Microsoft Power BI, Tableau, etc.), identify problematic data sources or reports that can be automated through these tools, and implement an initial solution aimed to provide organization efficiencies and advancement. For our government contracting clients, this often means replacing large and problematic Excel reports that have become difficult to manage across the following areas:

  • Employee Utilization
  • Project Funding/Backlog
  • Project/Task Order Performance and Profitability
  • Contract/Pipeline Opportunities

Lastly, SC&H will provide hands-on training for your business users so they can carry their knowledge onward to new reporting and analytic needs for the organization.

Entry Analytics Pre-Defined Project Scope

  • 4 week fixed price starter engagement
  • Conduct Strategy sessions to identify KPIs and key areas of impact
  • Identify a data source (ERP, Time/Labor System, CRM/Contracts, Excel, etc)
  • Utilize, select and enable analytic platform to automate report generation and insights from selected data source
  • Design and create executive dashboard comprised of multiple visualizations that can be filtered/sliced to get to granular detail
  • Provide hands-on training and support for business analyst/stakeholders

Once up and running with the solution, SC&H Group’s experienced professionals can work with your organization to develop a strategic roadmap to take the application to the next level to meet any additional business needs for your organization. Many of our clients utilize Oracle EPM to produce indirect rates, plan for their indirect workforce.

I’m Interested in Entry Analytics

Reach Out to Our Team Today For More Info About Our GovCon Quick Start Solutions

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